Arrange the practical steps involved in the preparation of process account where there is work in progress.
A. Prepare process account
B. Prepare statement of Evaluation
C. Prepare statement of cost per equivalent unit
D. Prepare statement of equivalent production
E. Determine and analyze the number of physical units in the form of inputs (transferred from previous process) and output
Choose the correct answer from the options given below:
1
A, B, C, D, E
2
E, D, C, B, A
3
C, D, E, A, B
4
B, C, D, A, E